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TS forms New Downtrend on June 30

Tenaris S.A. (TS) — Nightly Technical Analysis · Jun 30, 2026, 20:01 ET
TS closed down 0.88% on Tuesday, June 30th, with volume running 0.6× below average. The session formed a New Downtrend, often signaling a possible continuation. Key support levels exist at 54.85, 54.22 & 53.44, with resistance at 56.26, 57.04 & 57.67. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of TS: D

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Tenaris S.A. (TS)